Updated Sep 9, 2024
Estate Of Lila Fenwick Sells Multi Family Property On Upper West Side To Gary Nave For $3.1M
317 West 108th Street, New York, NY 10025
$3,100,000
$499/SF
Building Size
6,210 SF
Asset Type
MultiFamily
Closing
Apr 8, 2019
About this deal
AI
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $3,100,000
- Date: 04/09/2019
- Address: 317 W 108th St
- Market: Upper West Side
- Seller: Estate of Lila Fenwick
- Buyer: Gary Nave
- Brokers: Abie Kassin, Lipa Lieberman, David Schechtman from Meridian Capital Group
- SF: 6,210
- PPSF: $499
- Gross Income: $199,000
Lipa Lieberman and David Schechtman of Meridian Capital Group represented the seller, Estate of Lila Fenwick, in the sale of a multi-family property located at 317 W 108th St in the Upper West Side market. The transaction took place on 04/09/2019 and involved a purchase price of $3,100,000. The property spans approximately 6,210 square feet, with a price per square foot of $499. The Gross Income for the property is $199,000.
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New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93